Wolverine World Wide, Inc. (WWW) Income Statement
WWW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWWW revenue and net income
Where WWW's revenue goes
2025Each bar shows an amount and its share of revenue. WWW kept 5.1% of revenue as net income.
WWW profit margins
WWW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.8% | −11.3% | +0.9% | −3.6% |
| Gross profit | +12.6% | −6.3% | +3.7% | −1.8% |
| Operating income | +48.7% | — | — | −2.9% |
| Net income | +100.0% | — | — | −2.5% |
| EPS (diluted) | +47.3% | −1.4% | +7.6% | −0.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WWW quarterly EPS vs estimates
Wolverine World Wide beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.45).
WWW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.75B | $2.24B | $2.68B | $2.41B | $1.79B | $2.27B | $2.24B | $2.35B | $2.49B |
| Cost of revenue | $994.2M | $973.5M | $1.37B | $1.61B | $1.39B | $1.06B | $1.35B | $1.32B | $1.44B | $1.53B |
| Gross profit | $880.1M | $781.5M | $872.5M | $1.07B | $1.03B | $735.6M | $923.8M | $921.3M | $914.4M | $959.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $729.9M | $690.0M | $856.2M | $906.4M | $817.8M | $639.4M | $669.3M | $654.1M | $713.7M | $758.0M |
| Total operating expenses | $729.9M | $680.5M | $940.7M | $1.28B | $874.2M | $872.7M | $752.8M | $669.4M | $749.0M | $758.0M |
| Operating income | $150.2M | $101.0M | −$68.2M | −$208.4M | $155.7M | −$137.1M | $171.0M | $251.9M | $23.9M | $159.9M |
| Interest income | $32.8M | $42.7M | $63.5M | $47.3M | $37.4M | $43.6M | $30.0M | $24.5M | $32.1M | $34.8M |
| Interest expense | $32.8M | $42.7M | $63.5M | $47.3M | $37.4M | $43.6M | $30.0M | $24.5M | $32.1M | $34.8M |
| Income before taxes | $121.5M | $61.6M | −$134.2M | −$252.9M | $80.3M | −$184.1M | $145.9M | $227.4M | −$10.6M | $110.5M |
| Income taxes | $20.5M | $10.1M | −$95.0M | −$63.8M | $13.3M | −$45.5M | $17.0M | $27.1M | −$9.9M | $23.0M |
| Net income | $95.8M | $47.9M | −$39.6M | −$188.3M | $68.6M | −$136.9M | $128.5M | $200.1M | $300,000 | $87.7M |
| EBITDA | $180.2M | $130.5M | −$35.6M | −$171.0M | $150.9M | −$107.7M | $208.6M | $283.4M | $58.7M | $253.7M |
| EPS (diluted) | $1.34 | $0.91 | $0.05 | $1.40 | $2.08 | $0.93 | $2.28 | $2.18 | $1.64 | $1.39 |
| Gross margin | 47.0% | 44.5% | 38.9% | 39.9% | 42.6% | 41.1% | 40.6% | 41.1% | 38.9% | 38.5% |
| Operating margin | 8.0% | 5.8% | −3.0% | −7.8% | 6.4% | −7.7% | 7.5% | 11.2% | 1.0% | 6.4% |
| Net margin | 5.1% | 2.7% | −1.8% | −7.0% | 2.8% | −7.6% | 5.7% | 8.9% | 0.0% | 3.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $506.4M | $457.6M | $517.5M | $470.3M | $474.2M | $412.3M | $494.7M | $440.2M | $425.2M | $394.9M | $526.7M | $527.7M |
| Cost of revenue | $271.1M | $239.8M | $276.2M | $247.6M | $251.1M | $220.6M | $277.0M | $241.0M | $242.0M | $213.5M | $333.7M | $312.3M |
| Gross profit | $235.3M | $217.8M | $241.3M | $222.7M | $223.1M | $191.7M | $217.7M | $199.2M | $183.2M | $181.4M | $193.0M | $215.4M |
| Sales, general & admin | $187.4M | $182.7M | $192.4M | $183.1M | $182.4M | $172.0M | $175.4M | $171.2M | $166.6M | $176.8M | $245.4M | $203.3M |
| Total operating expenses | $188.0M | $183.9M | $192.4M | $183.1M | $182.4M | $172.0M | $177.9M | $164.0M | $154.1M | $184.5M | $379.9M | $188.1M |
| Operating income | $47.3M | $33.9M | $48.9M | $39.6M | $40.7M | $19.7M | $39.8M | $35.2M | $29.1M | −$3.1M | −$186.9M | $27.3M |
| Interest income | — | — | $8.2M | $8.1M | $8.5M | $8.0M | $9.2M | $9.6M | — | — | — | $15.5M |
| Interest expense | $7.1M | $6.5M | $8.2M | $8.1M | $8.5M | $8.0M | $9.2M | $9.6M | $11.9M | $12.0M | $16.1M | $15.5M |
| Income before taxes | $40.8M | $27.6M | $40.3M | $33.1M | $33.6M | $13.2M | $28.5M | $29.4M | $18.0M | −$14.3M | −$202.3M | $9.4M |
| Income taxes | $7.9M | $5.2M | $7.8M | $6.8M | $4.6M | $1.0M | $3.2M | $5.1M | $2.4M | −$600,000 | −$111.7M | $400,000 |
| Net income | $31.2M | $20.2M | $31.8M | $25.1M | $26.8M | $11.1M | $24.6M | $23.6M | $14.2M | −$14.5M | −$91.2M | $8.6M |
| EBITDA | $53.2M | $39.3M | $54.1M | $49.0M | $48.5M | $27.3M | $44.5M | $45.1M | $36.1M | $4.8M | −$177.4M | $34.1M |
| EPS (diluted) | $0.40 | $0.25 | $0.45 | $0.36 | $0.35 | $0.18 | $0.42 | $0.28 | $0.15 | $0.05 | −$0.30 | $0.07 |
| Gross margin | 46.5% | 47.6% | 46.6% | 47.4% | 47.0% | 46.5% | 44.0% | 45.3% | 43.1% | 45.9% | 36.6% | 40.8% |
| Operating margin | 9.3% | 7.4% | 9.4% | 8.4% | 8.6% | 4.8% | 8.0% | 8.0% | 6.8% | −0.8% | −35.5% | 5.2% |
| Net margin | 6.2% | 4.4% | 6.1% | 5.3% | 5.7% | 2.7% | 5.0% | 5.4% | 3.3% | −3.7% | −17.3% | 1.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WWW's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WWW financial results
In fiscal year 2025 (ended December 31, 2025), Wolverine World Wide reported revenue of $1.9 billion, up 6.8% from the year before. It had net income of $95.8 million (up 100.0%), a net profit margin of 5.1%. Diluted earnings per share came to $1.34. Over five years revenue grew at an average rate of 0.9% a year.
See the WWW stock overview for the latest quote and news, or the WWW chart for price history and technical indicators.
WWW income statement FAQ
What is Wolverine World Wide's annual revenue?
Wolverine World Wide reported total revenue of $1.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 6.8% from $1.8 billion the previous year.
Is Wolverine World Wide profitable?
Yes. Wolverine World Wide reported net income of $95.8 million in fiscal 2025, a net profit margin of 5.1%; its operating margin was 8.0%.
What is Wolverine World Wide's gross margin?
Wolverine World Wide's gross margin was 47.0% in fiscal 2025: for every $100 of revenue, Wolverine World Wide kept $47 after the direct cost of its products and services.
How fast is Wolverine World Wide growing?
Revenue grew 0.9% a year on average over the last five fiscal years, from $1.8 billion to $1.9 billion.
What are Wolverine World Wide's earnings per share?
Wolverine World Wide earned $1.34 per diluted share in fiscal 2025, compared with $0.91 a year earlier.
When will Wolverine World Wide report its next earnings?
Wolverine World Wide is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Wolverine World Wide's fiscal year end?
Wolverine World Wide's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.